Enterprise Application Development: - What is Enterprise Application?

Organizations in today’s digital world are entering the connected customer age. The connection of an enterprise with its customers and employees is critical for acquiring massive value from real-time data streams. Statista has estimated that IT will spend around $672B on enterprise application development by the end of 2022. As the growth of the enterprise application market is exceeding 10% every year, it is considered the fastest-growing element in the ambient IT industry.